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All Forum Posts by: Jade Davis

Jade Davis has started 19 posts and replied 140 times.

Post: Can you wholesale a bank owned property?

Jade DavisPosted
  • Syracuse, NY
  • Posts 143
  • Votes 35

@Joe Villeneuve this would be my first wholesale (our first direct mail campaign doesn't even go out until January 2nd). Would you say this is not the right type of property for a newbie to begin on or should I just jump in with whatever gets thrown my way? 

Post: Can you wholesale a bank owned property?

Jade DavisPosted
  • Syracuse, NY
  • Posts 143
  • Votes 35

So... should I go ahead and contact the representing lawyer?

Post: 3rd Mailer Touch... What Verbiage to use?!?!?

Jade DavisPosted
  • Syracuse, NY
  • Posts 143
  • Votes 35

Maybe try something different than a yellow letter? A Postcard? White letter? Lumpy mail? Maybe your target audience is receiving a lot of yellow letters and it isn't an effective marketing tool. 

Post: Can you wholesale a bank owned property?

Jade DavisPosted
  • Syracuse, NY
  • Posts 143
  • Votes 35

Isn't it like $2K to create an LLC?

Post: Can you wholesale a bank owned property?

Jade DavisPosted
  • Syracuse, NY
  • Posts 143
  • Votes 35

My mother works as a paralegal at a lawyers office. Long story short, she told me about a property that the bank got through foreclosure that they desperately want to get rid of to be done with the case her office is bringing against them. The house is valued at $199K however the PI for my moms office said it's in very bad shape. My mom said she can give me contact info for the lawyer representing the law firm if I think I can wholesale it but I have no idea if you can wholesale a bank property? Anyone with more experience than I have words of advice for me?

Post: Best ways to Find Off Market Properties

Jade DavisPosted
  • Syracuse, NY
  • Posts 143
  • Votes 35
Originally posted by @Sean T.:

Contact 100 RE agents and tell them what you are looking for AND show POF. I know my RE agent always has pocket listings.

I'm sorry to ask but... what does POF mean? And pocket listings?

Post: Best ways to Find Off Market Properties

Jade DavisPosted
  • Syracuse, NY
  • Posts 143
  • Votes 35
Originally posted by @Forest Williams:

Sorry what is "IMO's"...??

 IMO= in my opinion.

Post: Best ways to Find Off Market Properties

Jade DavisPosted
  • Syracuse, NY
  • Posts 143
  • Votes 35

@Eric Renney I was just told on a different thread that a DR campaign to 500 leads will yield approximately 10 phone calls....

Post: Major Roadblock: FINDING MOTIVATED SELLERS!

Jade DavisPosted
  • Syracuse, NY
  • Posts 143
  • Votes 35

with* few** ugh to bad spelling!!!

Post: Major Roadblock: FINDING MOTIVATED SELLERS!

Jade DavisPosted
  • Syracuse, NY
  • Posts 143
  • Votes 35

@Salvatore Lentini after mailing X amount of times to a certain list wit frw responses, it can definetely get frustrating. Posts like yours give me the hope I need to keep on truckin' on.